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1 min read

Tech Mahindra Q2 profit declines 61% to Rs 505 crore

IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…

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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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3 mins read

IPL 2023 to drive fantasy sports companies to ₹2,900-3,100 crore revenue, fueled by Tier-2 cities and exciting prizes

Fantasy sports companies like Dream11, My11Circle, MPL are set to receive a huge boost due to the o…

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2 mins read

M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss

Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…

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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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Mahindra & Mahindra Q3 PAT climbs 14% to ₹1,528 cr

Mahindra & Mahindra (M&M) reported a 14% rise in its profit after tax (PAT) to Rs 1,528 crore for t…

PTI   


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4 mins read

Keshub Mahindra: The man who thought impossible is possible

Keshub Mahindra, the former chairman of Mahindra and Mahindra group, died at the age of 99. He was …

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1 min read

Tech Mahindra shares surge as for the first time in over five years the management sees a 10% plus growth

Shares of Tech Mahindra surged about 8% as investors cheered the company’s double digit growth guid…

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4 mins read

M&M Q4 standalone net profit rises 22% YoY to ₹1,549 crore, misses estimates

Auto major Mahindra & Mahindra on Friday reported a 22% year-on-year (YoY) increase in Q4 standalon…

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3 mins read

Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani

In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…

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2 mins read

Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'

Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…

PTI   


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3 mins read

Mahindra’s margin improves led by record growth in tractors in the second quarter — profit declines 3%

Meanwhile, revenue rose 6% to ₹11,590 crore in the quarter under review. The silver lining is th…

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1 min read

Tech Mahindra flies on strong revenue, Tata Power excites investors with EV push and IRCTC back on track after a lull week

Benchmark indices Sensex and Nifty 50 have been volatile last one week amid back to back corporate …

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5 mins read

Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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2 mins read

Tech Mahindra expands margin in a quarter of acquisitions

Tech Mahindra posted a profit of 9.5% over the last three months as compared to the previous quarte…

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2 mins read

Tech Mahindra Q4 net profit jumps 34.6% to ₹1,081.4 crore

For the full financial year, the net profit was up 9.8 per cent to ₹4,428 crore, while revenu…

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4 mins read

Sensex, Nifty50 edge up in morning trade led by energy, metal and IT stocks

India’s benchmark indices Sensex and Nifty50 are likely to open on a cautious note on Tuesday amid …

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8 mins read

India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts

Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…

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5 mins read

M&M’s Q2 net zooms 44% to ₹2,773 crore, demand momentum is strong says company

Mahindra & Mahindra reported a 44% year-on-year rise in consolidated net profit to 2,773 crore in Q…

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1 min read

Tech Mahindra sees sharp slowdown in all verticals except media and entertainment

One of India’s top five IT services firms, Tech Mahindra, has seen a sharp slowdown in April-June 2…